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SoundThinking Inc has a consensus price target of $25 based on the ratings of 9 analysts. The high is $44 issued by Lake Street on February 23, 2023. The low is $16 issued by Craig-Hallum on November 13, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Craig-Hallum, and Cantor Fitzgerald on November 13, 2024, November 13, 2024, and September 6, 2024, respectively. With an average price target of $18.33 between JMP Securities, Craig-Hallum, and Cantor Fitzgerald, there's an implied 48.33% upside for SoundThinking Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SoundThinking (NASDAQ:SSTI) was reported by JMP Securities on November 13, 2024. The analyst firm set a price target for $19.00 expecting SSTI to rise to within 12 months (a possible 53.72% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for SoundThinking (NASDAQ:SSTI) was provided by JMP Securities, and SoundThinking maintained their market outperform rating.
The last upgrade for SoundThinking Inc happened on October 19, 2022 when JMP Securities raised their price target to $42. JMP Securities previously had a market perform for SoundThinking Inc.
The last downgrade for SoundThinking Inc happened on May 17, 2024 when William Blair changed their price target from N/A to N/A for SoundThinking Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SoundThinking, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SoundThinking was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest SoundThinking (SSTI) rating was a maintained with a price target of $25.00 to $19.00. The current price SoundThinking (SSTI) is trading at is $12.36, which is out of the analyst’s predicted range.
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